Seller's Agent in 2019
Loretta Reed
Long & Foster
(202) 321-2818
11 Total Sales
Estimated Value: $500,419 - $529,000
2
Beds
2
Baths
1,312
Sq Ft
$569/ mo
HOA Fee
Highlights
- Fitness Center
- Private Pool
- Contemporary Architecture
- Sligo Creek Elementary School Rated A
- Open Floorplan
- Loft
About This Home
As of February 2019Downtown Silver Spring Penthouse Condo with Loft. It's got it all; open floor plan, high ceilings, two master ensuites, all granite countertops, kitchen island, walk-in closets, balcony, washer/dryer in unit, assigned parking space, bike storage, extra storage and more. Close to Starbucks, Peet's, shopping, restaurants, entertainment, (.5) miles to the Silver Spring METRO, and more. Pets welcomed.
Last Agent to Sell the Property
(240) 497-1700 Loretta.Reed@longandfoster.com Long & Foster Real Estate, Inc. License #605542 Listed on: 10/05/2018
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,428
Year Built
- Built in 2006
HOA Fees
- $569 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Brick Exterior Construction
Interior Spaces
- 1,312 Sq Ft Home
- Property has 2 Levels
- Open Floorplan
- Chair Railings
- Window Treatments
- Combination Kitchen and Dining Room
- Loft
- Storage Room
- Surveillance System
Kitchen
- Gas Oven or Range
- Self-Cleaning Oven
- Microwave
- Ice Maker
- Dishwasher
- Kitchen Island
- Upgraded Countertops
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- Parking Space Number Location: P180
- Assigned Parking
Schools
- Sligo Creek Elementary School
- Silver Spring International Middle School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Vented Exhaust Fan
- Natural Gas Water Heater
Additional Features
- Private Pool
- Property is in very good condition
Listing and Financial Details
- Assessor Parcel Number 161303539957
Community Details
Overview
- Moving Fees Required
- Association fees include lawn maintenance, management, insurance, reserve funds, snow removal, sewer, water, trash
- 210 Units
- Low-Rise Condominium
- Silverton Codm Community
- Silverton Codm Subdivision
- The community has rules related to moving in times, parking rules
Amenities
- Common Area
- Meeting Room
- Party Room
- Community Storage Space
- Elevator
Recreation
Pet Policy
- Pets Allowed
Security
- Security Service
- Resident Manager or Management On Site
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 5, 2018
Closed on
Feb 15, 2019
Sold by
Reed Robert J
Bought by
Izquierdo Pablo
Seller's Agent
Loretta Reed
Long & Foster Real Estate, Inc.
Buyer's Agent
Deborah Fox
RLAH @properties
List Price
$499,000
Sold Price
$485,000
Premium/Discount to List
-$14,000
-2.81%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,355
Avg. Annual Appreciation
0.83%
Original Mortgage
$338,000
Outstanding Balance
$293,239
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$221,116
Purchase Details
Closed on
Aug 2, 2006
Sold by
Silver Spring Square Llc
Bought by
Reed Robert J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 5, 2006
Sold by
Silver Spring Square Llc
Bought by
Reed Robert J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Izquierdo Pablo | $485,000 | National Capital Title & Esc | |
| Reed Robert J | $537,400 | -- | |
| Reed Robert J | $537,400 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Izquierdo Pablo | $338,000 | |
| Previous Owner | Reed Robert J | $417,000 | |
| Previous Owner | Reed Robert J | $417,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/15/2019 02/15/19 | Sold | $485,000 | -2.8% | $370 / Sq Ft |
| 01/13/2019 01/13/19 | Pending | -- | -- | -- |
| 01/02/2019 01/02/19 | For Sale | $499,000 | +2.9% | $380 / Sq Ft |
| 01/01/2019 01/01/19 | Off Market | $485,000 | -- | -- |
| 10/30/2018 10/30/18 | Price Changed | $499,000 | -2.1% | $380 / Sq Ft |
| 10/05/2018 10/05/18 | For Sale | $509,900 | -- | $389 / Sq Ft |
Source: Bright MLS
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,791 | $496,667 | -- | -- |
| 2024 | $5,791 | $490,000 | $147,000 | $343,000 |
| 2023 | $6,443 | $486,667 | $0 | $0 |
| 2022 | $4,784 | $483,333 | $0 | $0 |
| 2021 | $4,741 | $480,000 | $144,000 | $336,000 |
| 2020 | $8,884 | $453,333 | $0 | $0 |
| 2019 | $4,139 | $426,667 | $0 | $0 |
| 2018 | $4,515 | $400,000 | $120,000 | $280,000 |
| 2017 | $3,636 | $383,333 | $0 | $0 |
| 2016 | $3,715 | $366,667 | $0 | $0 |
| 2015 | $3,715 | $350,000 | $0 | $0 |
| 2014 | $3,715 | $350,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Loretta Reed
-
Deborah Fox
Buyer's Agent in 2019
Deborah Fox
Real Living at Home
(202) 744-1007
18 Total Sales
About Silverton Condominiums
Map
Source: Bright MLS
MLS Number: 1008357964
APN: 13-03539957
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